“The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.” StatesUnitedUnited StatesBalanceAccountsTradeCurrentsUsualItemsDeficitPayment Author:Robert C. Solomon
“On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.” ImportantStatesDifferencesUnitedUnited StatesMajorsEuropeFinancialTransactions Author:Robert C. Solomon
“In the United States, securities markets are much more developed than they are in Europe.” StatesUnitedUnited StatesSecurityEurope Author:Robert C. Solomon
“Another question has been raised rather widely in Europe, in Japan as well as in the United States is what, to what extent will the euro become a reserve currency.” WellsHas BeensStatesUnitedUnited StatesEuropeRaisedJapanCurrencyReservesEuro Author:Robert C. Solomon